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Changing productivity trends

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  • Bharat Trehan

Abstract

As important as productivity growth is to the health of the economy, much remains to be understood about how and why its trend growth rate changes. This Economic Letter discusses some of the points of debate in the research on these issues.

Suggested Citation

  • Bharat Trehan, 2007. "Changing productivity trends," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue aug31.
  • Handle: RePEc:fip:fedfel:y:2007:i:aug31:n:2007-25
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    References listed on IDEAS

    as
    1. Susanto Basu & John G. Fernald, 2008. "Information and communications technology as a general purpose technology: evidence from U.S. industry data," Economic Review, Federal Reserve Bank of San Francisco, pages 1-15.
    2. Marquis, Milton H. & Trehan, Bharat, 2008. "On using relative prices to measure capital-specific technological progress," Journal of Macroeconomics, Elsevier, vol. 30(4), pages 1390-1406, December.
    3. David, Paul A., 1989. "COMPUTER AND DYNAMO: The Modern Productivity Paradox in a Not-Too Distant Mirror," Economic Research Papers 268373, University of Warwick - Department of Economics.
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